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Income inequity in Australia

The benefits of economic growth are notshared equally and can result in an unequal distribution of income – and this can have some disadvantages for the economy.

  1. How unequal is the distribution of income in Australia? Has the distribution of income become more or less equal over the past 10 years? Give evidence to support your answer.
  2. What are the causes of income inequality?
  3. What actions does the government take to make income distribution more equal in Australia? Why does the government do this?
  4. Do you think income inequality is good or bad for the economy? Give reasons to support your answer. (This must be answered as part of your presentation – in your individual assignment you should write 250-500 words on this issue)

 

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